Rikvin Offers A Nominee Director Service
The Companies Act in Singapore prescribes that a private limited company and subsidiary company have a
resident director of ordinary residence, legal age and capacity, and without un-discharged bankruptcies.
The...
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Rikvin Offers A Nominee Director Service
The Companies Act in Singapore prescribes that a private limited company and subsidiary company have a
resident director of ordinary residence, legal age and capacity, and without un-discharged bankruptcies.
The director should likewise not be guilty of any malpractices.
The ordinary residence refers to being a citizen or permanent residence of Singapore.
Because the
government allows for absolute foreign ownership and administration, foreign individuals can be employed
or appointed to certain positions by holding work visas such as an Employment pass or Entrepreneur pass.
Having a labor pass entitles the holder to relocate in Singapore, thus, foreign investors can occupy the
resident director in their own company.
Registered companies can apply for work visas, except, the Entrepreneur pass, which is designed to be
sought first before the company is registered.
Investors seeking the resident director’s position by holding
an Employment pas
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